And again, hello … Now investors have almost similar feelings when, on June 23, at the historical referendum, the British voted for leaving the European Union. Despite the fact that these events are completely different, the elections to the Dutch parliament practically also affect the mood of the markets. On Tuesday, European stock indices closed lower, as investors waited for election day in the Netherlands, looking at the Fed’s decision to change interest rates. What is so special about this election? In simple terms, the Netherlands is the first in the list of key economic powers in Europe, including France and Germany, where elections will be held. The problem is that in all the above-mentioned countries, polls are headed by ultra-right movements, which, if they win, intend to follow the path of Great Britain and withdraw their countries from the EU, while at the same time tightening their migration policy. So far, the Brexit referendum is one of a kind. However, in case of victory of the separatist parties in the main economies of Europe, the troubles will not keep you waiting. Process Citizens of the Netherlands will vote today, March 15, if there are no unexpected delays, then at 22:00 GMT polling stations will be closed. While the results of the exit poll will be published after the voting is completed, the official results will be announced the next morning between 4:00 and 5:00 GMT. Representation in parliament is always distributed in proportion to the results of elections, which is a key principle for governing a coalition government. It may take weeks or even months before the parties agree. A total of 150 seats in parliament, the poet requires 76 mandates for the parliamentary majority of the party. Thus, according to political analysts, the next government may consist of four to six parties. Candidates

● Netherlands Right-wing Liberal Political Party (VVD): 40 seats /// Candidate: current Prime Minister Mark Rutte. ● Labor Party (PvdA): 35 seats /// Candidate: current Deputy Prime Minister Lodewijk Escher ● Socialist Party (SP): 15 seats /// Candidate: Emil Remer ● Christian Democratic Appeal (CDA): 13 seats // / Candidate: Sibrand van Haersma Boom ● Freedom Party (PVV): 12 seats /// Candidate: Gert Wilders ● Democrats 66 (D66): 12 seats /// Candidate: Alexander Pechtold ● Green Left (GL): 4 seats // / Candidate: Jesse Claver

The essence of things

The recent diplomatic tension between Amsterdam and Ankara has revived hopes for a positive outcome in today’s election according to common sense. However, will this be enough? The Freedom Party continues to gain voters and seats, although, most likely, it will not receive the required number of votes to form a parliamentary majority. Unfortunately, the majority of parties did not show much interest in forming a coalition government. Bidding If you are waiting for a populist victory, then rely on long positions on local bonds and safe assets and a short position on EURUSD and iShares MSCI Netherlands ETF

Leave a Reply

Your email address will not be published. Required fields are marked *